First PADRE, then TNSR, now AXL.
3 acquisitions in the last few months that left token holders with nothing. Pretty much an acquisition rug.
If people are going to speculate over a longer time horizon, there should be some long-term upside when a company succeeds. Sucks we had to learn the hard way.
This is part of the reason I wanted to work with @LaunchOnSoar, I think a solution like DRP fits well for these situations and can keep holders and companies aligned longterm.
Will continue to watch as things develop.
Padre PADRE Price History USD
Own PADRE Now
Buy and sell PADRE easily and securely on BitMart.Padre X Insight
We have entered into an agreement to bring the @interop_labs team – initial developers of @axelar, a leading interoperability stack – into Circle to accelerate the next chapter of multichain infrastructure with @Arc and CCTP, and we are excited to welcome new team members to the Circle family as soon as the deal closes.
The Axelar Network, Foundation and AXL token are not part of this acquisition and will continue to operate independently under community governance, with @CommonPrefix leading network development.
More here: https://t.co/0CF0sJkUZ9
We continue to see precedent being set that when token projects are acquired the token possesses zero value.
Padre
Vector
Axelar
This is why crypto companies should push towards a single asset model – align all stakeholders.
We continue to see precedent being set that when token projects are acquired the token possesses zero value.
Padre
Vector
Axelar
This is why crypto companies should push towards a single asset model – align all stakeholders.
